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Broadcasting and cable TV company Nxtdigital announced Q2FY23 results: EBIDTA for Q2 grows to Rs 55.26 crore; bettering its performance of Rs 51.64 crore for the corresponding quarter of last fiscal and Rs 54.09 crore for the preceding quarter of this fiscal Ends first 6 months of this fiscal with consolidated revenues of Rs 548.9 crore against last year's revenue of Rs 543.2 crore. EBIDTA for the same period improves to Rs 109.3 crore against Rs 102.9 crore for last fiscal Vynsley Fernandes, Managing Director and CEO at NXTDIGITAL Limited, “We have remained committed this fiscal on developing solutions to drive growth, based on the dynamic environment and changing consumer preferences. Those focused efforts and technological innovations will now take centre stage as we look to shortly roll out our broadband-over-satellite services, our digital content aggregator app NXTPLAY and ONEDigital, an integrated all-in-one solution that defines true digital convergence. Our ecosystem too has been upgraded in line with delivering solutions for digital communities”. Result PDF

• Trendlyne
• 3 years 7 months ago

After the merger, NXTDIGITAL's shareholding pattern will change on issuance of shares to HFL.

• Business Today
• 3 years 9 months ago

Broadcasting & Cable TV firm Nxtdigital announced Q1FY23 Result : NXTDIGITAL maintains its performance in the first quarter of the current fiscal; consolidated revenue up by 5% year-on-year to Rs 279.1 crores whilst EBIDTA is at Rs 54.1 crores, a growth of 6% year-on-year. Wired subscriber base including video and broadband grows by 10% year-on-year; closes the quarter at 5.3 million homes connected, against 4.8 million last year. Significant progress made by the media group on broadband-over-satellite; post a binding MOU with Thaicom Public Company Ltd., one of the leading satellite operators in the world. On a Consolidated basis, the Company achieved a revenue of Rs 279.1 crores for the quarter ended 30th June 2022, as against Rs 266.6 crores for the corresponding quarter of the previous year and Rs 275.2 crores (excluding proceeds from sale of land) in the previous quarter. On a consolidated basis, the Company achieved an Earnings Before Interest, Depreciation & Taxes (EBIDTA) of Rs 54.1 crores for the quarter ended 30th June 2022, as against Rs 51.2 crores for the corresponding quarter for the previous year and Rs 56.5 crores (excluding profit on sale of land) for the previous quarter. Result PDF

• Trendlyne
• 3 years 9 months ago